Appendix D
Status of
Ref Observations Recommendations
Implementation
maturity term of more
than 91 days as
Investments in
accordance with
IPSAS 2.
2023 AAR The Real Property Tax 11. The City Treasurer Unimplemented
AO No. 5 (RPT) and Special provide the City The City
page 45 Education Tax (SET) Accountant with a Accountant was
receivables were copy of the RPT not provided with
understated by records for CY 2023 RPT records at the
₱3,207,934.17 because the and prior years to beginning of the
amounts established at the establish the year.
beginning of the year were beginning balance for
based on estimates rather CY 2024. Henceforth,
than on a duly certified list furnish the City
of taxpayers, contrary to Accountant at the
Section 20 of the NGAS beginning of each
Manual for LGUs, Volume year a certified list of
I. Moreover, the difference taxpayers with the
of ₱19,394,988.42 between amount due and
the balances in the Certified collectible for the
List of RPT Delinquencies current year as the
and RPT and SET basis for the recording
receivable could not be of the RPT and SET
reconciled because receivables in
subsidiary ledgers were not compliance with
maintained, thus affecting Section 20 of the
the reliability of the said NGAS Manual for
accounts in the financial LGUs, Volume I.
statements.
12. The City Accountant Unimplemented
maintain RPT and No reconciliation
SET receivables was done by the
subsidiary ledgers and City Accountant
reconcile the accounts and the City
with the City Treasurer’s office.
Treasurer’s records.
2023 AAR The City failed to submit to 13. The City Accountant Unimplemented
AO No. 6 the Office of the Auditor the prepare the Monthly Reports have been
page 48, Report on Sources and Report on Sources and submitted monthly
2021 AAR, Utilization of the Local Utilization of but the information
Disaster Risk Reduction DRRMF with the
